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Bred Cow Price Trend?
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<blockquote data-quote="traderaaron" data-source="post: 793478" data-attributes="member: 13840"><p>Bred Cow prices=slaughter value (relatively high), feed (in many cow-calf areas quite plentiful), calf prices(highest ever in most places), lack of anything else to do with one's money (and ranchers and particularly farmers are reporting record incomes in many areas).</p><p></p><p>When a rancher is selling a 400lb calf for $1.60 or a 600lb. calf for 1.20+ and they have excess pasture from a good summer and money isn't worth anything and they don't want to pay taxes they can really push the bred cow market higher.</p><p></p><p>If every rancher in my area wanted to buy 10-20 young bred Cows there wouldn't be enough to go around and that's exactly what most people are wanting.</p></blockquote><p></p>
[QUOTE="traderaaron, post: 793478, member: 13840"] Bred Cow prices=slaughter value (relatively high), feed (in many cow-calf areas quite plentiful), calf prices(highest ever in most places), lack of anything else to do with one's money (and ranchers and particularly farmers are reporting record incomes in many areas). When a rancher is selling a 400lb calf for $1.60 or a 600lb. calf for 1.20+ and they have excess pasture from a good summer and money isn't worth anything and they don't want to pay taxes they can really push the bred cow market higher. If every rancher in my area wanted to buy 10-20 young bred Cows there wouldn't be enough to go around and that's exactly what most people are wanting. [/QUOTE]
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Bred Cow Price Trend?
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